As Supervalu divests 107 locations, Stinker Stores sees an opportunity to grow its store count.
Stinker Stores Inc. has purchased 14 Albertsons fuel centers from Supervalu, which owns the Albertsons supermarkets in Idaho, and is set to officially convert them to Stinker Stores in October.
Albertsons cards still will be accepted at the soon-to-be Stinker Stores, as well as at other Stinker stations.
Supervalu is selling 107 fuel centers in its Albertsons, Cub Foods, Hornbacher’s and Jewel-Osco stores, following reports in April that the chain suffered a net loss of $1.5 billion in its latest fiscal year and a drop in net sales to $37.5 billion from $40.6 billion from the previous year.
Stinker’s new acquisition boosts its store count to 65, including two Flying J centers purchased earlier this year. Between the two expansions Stinker has grown by about a third in 2011.
All or nearly all of the 77 employees who work for the Albertsons centers will be extended offers to work for Stinker, said Stinker Co-owner Charley Jones.